Saudi Aramco cut LPG prices to Asia for the first time in five months

For the first time since August 2024, Saudi Aramco, the world’s largest oil and gas producer, has reduced liquefied petroleum gas (LPG) prices for Asian markets, signalling a response to weakening demand. In addition, the petrochemical sector—a significant consumer of LPG—continues to face declining demand due to sluggish activity in downstream industries. Market sources highlight that the startup of new refining capacities in China